Number of Americans living in poverty higher than previously reported

by an Unemployed White Male on November 7, 2011

in Business & Economy,Politics & Government,Recession

There were more than 49 million Americans living in poverty in 2010, under an alternative measure released by the Census Bureau Monday.

That’s 16% of the nation, higher than the official poverty rate of 15.2%. The official rate, released in September, showed 46.6 million people living in poverty.

http://money.cnn.com/2011/11/07/news/economy/poverty_rate/index.htm?iid=HP_LN

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